Transaction banking

1372 articles tagged with this keyword

/Transaction banking

Thomson Reuters collaborates with Salesforce in fight against financial crime

Thomson Reuters today announced it is collaborating with Salesforce to help clients quickly and efficiently on-board new customers and meet regulatory anti-money laundering obligations in the fight against financial crime.

/Transaction banking

Previse teams up with Virtualstock to deliver seamless ‘purchase to pay’ supply chain model

Previse, the instant supplier payment decision company, and Virtualstock, the leading provider of digital supply chain solutions are partnering to deliver the first fully integrated purchase to pay supply chain system with cash on delivery for suppliers in the UK.

/Transaction banking

Swift and SAP join forces for seamless corporate processing

SWIFT is joining forces with SAP SE (NYSE: SAP) to offer treasurers a comprehensive, out-of-the-box integration with financial institutions, connecting to the SWIFT network of more than 11,000 financial institutions worldwide.

/Transaction banking

BNI Europa and Varengold provide £135 million funding to MarketInvoice platform

Business finance company MarketInvoice has signed agreements with Portuguese bank Banco BNI Europa (BNI) and German bank Varengold Bank AG to add £90 million and £45 million respectively on its platform.

/Transaction banking

Penta introduces business banking and company incorporation platform

Berlin based fintech Penta is taking a big step in its bid to further help businesses save time on their banking.

/Transaction banking

Aldrich makes $26 million investment in procure-to-pay startup Paymerang

Aldrich Capital Partners has made a $26 million growth investment in Paymerang, LLC, a leading provider of electronic payment solutions for businesses.

/Transaction banking

Nucleus Software adds trade finance portal to transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the latest version of its transaction banking solution called FinnAxia 5.0 and introduces Trade Finance portal.

/Transaction banking

Yes Bank applies robotic process automation to import/export document submissions

YES BANK, India’s fourth largest private sector bank has launched a new robotics based ‘Digital Export and Import’ Payments solution as a part of its comprehensive YES TRANSACT Smart Trade product suite, to help Importers and Exporters significantly improve their operational efficiencies and fast-track payments.

/Transaction banking

Ebury connects to Faster Payments with Form3

Form3, the cloud technology provider of Payments as a Service processing for banks and regulated fintechs, today announced that Ebury, one of the fastest growing fintechs for corporate global transaction services is now live with its real-time service on UK Faster Payments.

/Transaction banking

Funding Xchange concludes £1.5m funding round

Funding Xchange (FXE), the platform set to transform the small business finance scene, has raised £1.5M in Series A funding, led by Calibrate Management Ltd and Kimera.

/Transaction banking

MarketInvoice reaches £2b milestone

Business finance company MarketInvoice has today reached the landmark milestone of having advanced £2b worth of invoice finance and business loans to UK companies.

/Transaction banking

FSB publishes report on decline in correspondent banking; makes remittance recommendations

The Financial Stability Board (FSB) today published two reports as part of its work to assess and address the decline in correspondent banking relationships (1) a progress report on the FSB action plan to assess and address the decline in correspondent banking and (2) a stocktake on remittance service providers’ access to banking services, including recommendations to improve accessibility.

/Transaction banking

Accenture completes trial of ocean-going blockchain platform

A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually.

/Transaction banking

Ex-bankers launch global trade finance asset distribution platform

Former investment bankers Christoph Gugelmann and Nils Behling have launched Tradeteq, a cloud-based platform allowing trade finance originators and institutional investors to connect and transact.

/Transaction banking

Qupital Hong Kong strikes deal with Alibaba

Qupital, Hong Kong's first online invoice financing service provider, has formed a partnership with Alibaba.com, the leading wholesale marketplace for global trade, to strengthen its own invoice financing platform to facilitate trade for small and medium-sized enterprises (SMEs) in Hong Kong.

/Transaction banking

OFX releases developer portal with international payments API

Foreign currency exchange company OFX today announced the launch of a developer portal, designed to provide the global developer community with turn-key access to the company’s new International Payments API.

/Transaction banking

AccessPay receives £1m investment from NPIF

Manchester based AccessPay has received an investment from NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund, consolidating its position as the fastest growing Fintech company outside of London.

/Transaction banking

Wyelands Capital acquires equity stake in Demica

Wyelands, the financial services pillar of Sanjeev Gupta’s GFG Alliance, has announced that Wyelands Capital has made a number of strategic investments and senior appointments to drive forward its rapid development as a financial services provider.

/Transaction banking

Vietcombank selects Finastra trade finance platform

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has selected Finastra to drive its digital transformation initiatives.

/Transaction banking

9 Spokes signs contract with Bank of New Zealand

9 Spokes (ASX: 9SP or “the Company”), the leading Marketplace and Insights company to small businesses, is pleased to announce it has signed a pivotal contract with the Bank of New Zealand (“BNZ”), to provide a white-label version of the 9 Spokes platform.